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on technical aspects of energy in the book and to read the will manuscript to check on scientific details of it. this is an appropriate day for talking about "regulating to disaster" because president obama promised once more to develop the energy sources of the future. when any administration, republican or democrat decides to develop energy projects, taxpayers had better watch out. governments get in the business of picking winners and losers which leads to cronyism and wasted taxpayer dollars. this is the question of industrial policy, whether government should support business ventures in new technologies that are unable to secure private funding. government appears to be worse at this than private markets from the records we have over the past five years. in contrast in a speech in california in may, mitt romney said, quote, the president doesn't understand when you invest like that in one solar energy company it makes it harder for solar technology generally because the other entrepreneurs in the solar field suddenly lost their opportunity to get capital. who wants to put money into a sol
of the big scandal try to make a profit from their ties to petraeus? >>> caffeine bomb? those tiny energy drinks under fire tonight for too much caffeine too fast. and we put the ceo in the hot seat. >>> and can it be? look at this. a variation of the legendary moby dick. you'll see an amazing sight tearing through the water. >>> good evening. as we come on the air, the entire globe is focused on this question. are we on the brink of a new war in the middle east? all day long, we have seen rockets firing back and forth, taking a very real human toll. look at this picture, from the gaza strip in the middle east. a father weeping, his 11-month-old son dead in his arms. at the same time, the terrifying sound of an air raid siren. listen. and there is panic and fear in the streets of israel tonight. and we're going to talk to abc's global affairs correspondent christiane amanpour about what this war, if it happens, could mean to the united states. but we go first to the front lines, where israel meets the gaza strip, and abc's alex marquardt is there, in the middle, in gaza city. alex? >> rep
drinks to avoid f.d.a. oversight. we've called on the agency to regulate energy drinks that have caffeine levels well above the 71 milligrams per 12-ounce threshold in soft drinks. today senator blumenthal and i asked the f.d.a. commissioner to meet with us to personally meet with us after thanksgiving to discuss the steps the f.d.a. is taking to ensure the safety of energy drinks. every other week we're seeing mounting evidence that energy drinks pose safety risks. you learn about young people hospitalized or seriously hurt after consuming what are marketed as little energy pick pick-me-ups. we look forward to working with commissioner hamburg to protect our children and to protect everyone in america from these die tear supplements, whether it is 5-hour energy or the monster energy drink which led to the death of this 14-year-old girl in maryland. mr. president, it's been many years since came to this floor and argued about dietary supplements. we all know what's involved here. i always preface my remarks by saying when i got up this morning i took my vitamin, i took my fish oi
call today from the international energy agency. fueling that energy renaissance: a boost in oil and shale gas because of new technologies like fracking. the group also expects the u.s. wille a neexport by 2030, meaning we'll sell more oil than we bring in. right now the u.s. imports 20% of its energy needs. >> susie: so our word on the street tonight is "oil". joining us, gregg greenberg, reporter at the street.com. hey, gregg, i know you have been talking to a lot of oil experts today. it's kind of hard to imagine the u.s. after all these years being energy independent. what were they telling new what did you hear? look, scsi, the trend is certainly favorable. it's nice to hear we are producing more energy here in america and much greater than the reverse but i have to take reports like this with a grigg grain of salt. we have been hearing about peak energy for a long time, hearing about saudi arabia's reserves for a long time and you have to take it with a haley dose of skepticism, good news then again you have to be a little bit keptic. >> susie: all right, but if you do beli
a high-caffeine energy drink? dr. jon lapook puts the question to the man behind 5-hour energy. >> can you tell me how many milligrams of caffeine? >> pelley: and a factory that makes memories is destroyed by fire. will the bells ring again by christmas? chip reid with the last bell maker. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. today, b.p. pleaded guilty to criminal charges and agreed to pay the largest fine in u.s. history more than two years after its drilling operation killed 11 workers and unleashed the largest accidental oil still ever. 11 deepwater horizon exploded what followed was a gusher that ran for 85 days, spilling an estimated 172 million gallons. the company agreed to pay 4.5 billion dollars in fines. two bp employees will be charged with manslaughter, and a third with lying to isngress. manuel bojorquez is in new orleans with details of what bp knew before the explosion. >> reporter: two former b.p. employees charged with manslaughter were the highest ranking b.p. supervisors on seepwater horizon. they were
house. did 13 people die because they drank a high-caffeine energy drink? dr. jon lapook put the question to the man behind 5-hour energy. >> reporter: can you tell me how many milligrams of caffeine? >> i'm not talking to you, i'm talking to-- >> pelley: and a factory that makes memories is destroyed by fire. will the bells ring again by christmas? c hd with the last bell maker. >> pelley: good evening. today, b.p. pleaded guilty to criminal charges and agreed to pate largest fine in u.s. history more than two years after its drilling operation killed 11 workers and unleashed the largest accidental oil still ever. the deepwater horizon exploded in the gulf of mexico on the night of april captioning sponsored by cbs third with lying to congress. manuel bojorquez is in new orleans with details of what b.p. knew before the explosion. >> reporter: the two former b.p. employees charged with manslaughter were the highest ranking. supervisors on deepwater horizon. they were in charge of the test that signaled grave danger the afternoon of the explosion. the test found signs that co
of the trading day starts right now. >>> good afternoon, everybody. america's energy problems be gone. the genie we have been hoping for for four decades now will arrive and the u.s. will serve up more oil than saudi arabia in the year 2020. that according to a new report by people who actually do know the oil business very well. >>> and sex and the ceo. and the collateral damage. how widespread is sex at work? we really want the answer to that question? >>> what should the consequences be. >>> and no hockey. forget about that. no problem. look what the world of auto racing brought us over the weekend. a brawl! another black eye for a sport that corporate america was counting on? no fighting here at cnbc. sue's with me here again. nice to have you here, sue. >> it is great to be here, ty. those "fast money" guys got me all riled up over there. they're having a good time. >>> we're going to take a look at the markets right now. dow jones industrial average has turned into positive territory, not by too much, but hey if you're a bull, we'll take it. the s&p is up two. the nasdaq up almost eight on
released the world energy outlook 2012 on monday. the iaea predict greater oil and natural gas production, as well as rising energy efficiency, will allow the u.s. to become nearly self-sufficient by the year 200035. itself-- 2035. >> foreign imports are still 35 %. according to the iaea, by 2017, teh u.s. will over take saudi arabia. new methods for extracting oil and a shell gas reserves will be responsible for the turnaround. -- oil and shale gas are r esponsible. energy is in many industrial nations will fall slightly. it is a different story in china, india, and the middle east were declines will move sharply over the next decade. the international agency -- energy agency believes many will be shipped to asia in the future radically changing the map of global energy flows. >> and no major plunge for the dax today. we on this report from the frankfurt stock exchange on what is moving today. >> to 0.7%, the german stock index, lost in the previous week, so maybe it is already good news that it did not inevitably plunged further on the first trading day of this week. political issues li
up again. >>> the fate of some major economic and energy policies planned under the noda administration is now up in the air following the dissolution of the lower house. the diet won't be able to consider these policies until after a new administration is sworn in following the general election. noda's government decided last month to spend nearly $5 billion trying to get the struggling economy going again. and on friday, the prime minister instructed his cabinet to draft a new stimulus package by the end of this month. noda said he would want his ministers to consider financing this new package partly through reserve funds totaling some $11 billion left in the budget for this fiscal year. his administration was planning to get the rest of the necessary money from a supplementary budget it was hoping to put together. now it's anyone's guess what will happen to these plans under an incoming administration. economic policy not the only thing that is facing an uncertain future. so are plans for energy. in september, the government mapped out new energy measures. they includ
campaign starts on the 4th. >>> the fate of some major economic and energy policies planned under the noda administration is now up in the air following the dissolution of the lower house. the diet won't be able to consider these policies until after a new administration is sworn in following the general election. noda's government decided last month to spend nearly $5 billion trying to get the struggling economy going again. on friday, the prime minister instructed his cabinet to draw a new stimulus package by the end of this month. noda said he would want his ministers to consider financing this new package partly through reserve funds totaling some $11 billion left in the budget for this fiscal year. his administration was planning to get the rest of the necessary money from a supplementary budget it was hoping to put together. now it's anyone's guess what will happen to these plans under an incoming administration. >>> economic policy is not the only thing that is facing an uncertain future. so are plans for energy. in september the government mapped out new energy measures. they inclu
, and that is devon energy. >> the reason most of you agree is because we are seeing concrete data to generate it has been over 22% over the last 12 months. liz: david: a lot of these coal-fired plants are being replaced by natural gas plants. >> absolutely. you can't just turn on a switch and turn it off between natural gas and coal fired gas plants. it takes time. it's also a play on energy. natural gas -- they have been pretty aggressive in purchasing and diversifying themselves among different sources. that is why we like about energy. not just for natural gas, but also as we see, it has reached this cyclical low. liz: as we are talking about your sectors, what sectors do you believe are poised to profit? >> we think the u.s. economy, the u.s. consumer, they are collectively in better shape than the world has given us credit for. bottom up, we are focusing on fundamentals and valuations. there has already been a lot of talk. we like financial services, parts of financial services, and the ongoing transformation, really, the u.s. energy superpowers, is a fantastic long-term story. that is where we
. >>> international energy agency leaders have lowered their growth forecast for nuclear power generation. some governments are starting to reduce their reliance on the energy source. last year's iea report stated nuclear power generation could grow by 70% from 2010 levels. but this year, the organization expects 58% growth by 2035. agency officials say last year's accident at japan's fukushima daiichi nuclear power plant is a factor for germany and switzerland to reduce dependence on atomic energy. they also expect power generation from renewable sources like wind and solar to increase to about one-third of the world's total output by 2035. >>> many countries are now seeking to diversify their energy sources. industry ministry officials in japan are aiming to launch the world's first futures trading market for liquefied natural gas. they hope to put it into effect by march 2014 to bring down lng prices. japanese imports of liquefied natural gas have surged since the fukushima daiichi power plant accident led to shutdowns of all but two reactors in the country. and the dmod ti has been traded a
investment from the private sector. we have great resources common knowledge, and expertise in energy. in energy we have created 1 billion pounds for capture in storage, one of the key technologies of the future. we created the world's first green investment bank. we're pioneering a new incentive for heat systems in people's homes, and we are putting in place a robust financial framework to incentivize renewable electricity. as a result, more than 12 billion pounds has been committed to into renewable projects in the u.k. and the past 18 months alone with the potential to support around 20,000 new jobs. we've also created new incentives to squeeze more oil and gas out of the north sea, including from the marginal fields. when we see opportunity, we must go for it. look at the way we of got behind tech city right here in london. two years ago there were around 200 digital companies. today there are 1200. with major tech companies like amazon and facebook setting up developer centers, this is now becoming the fastest-growing technology cluster anywhere in the world. we will be publishin
. the info technology sector was the hardest hit, down 0.8%, followed by financial and energy groups. now, after the closing bell, the focus was on cicso systems. the internet gear maker reported its quarterly results late today. and those results were two cents better than estimates. net sales were up from last year, too, and higher than expected. c-s-c-o has been undergoing a restructuring for the past year, managing uncertain demand for its telecommunications equipment's pinched profit margins. the stock was flat before tonight's earnings report. shares were up about 4% in extended hours trading. now, as erika reported earlier, home depot's strong third quarter earnings and optimistic tlookeallhelped drive buying interes today's 3.6% rally came on more than double its usual volume, and takes the stock to its highest price since 1999. but the buying interest did not extend to home depot's main rival, lowe's. lowe's shares were essentially unchanged even though volume was slightly heavier than average. home depot wasn't alone in reporting strong earnings. dick's sporting goods boosted fu
investigation into whether a popular energy drink is dangerous, even fatal. more deaths are being looked at in connection to five hour -- to 5 hour energy. katie marzullo is following new developments. >> reporter: the city attorney is getting in on this demanding the makers of energy drinks prove they are safe. he wants labels to be more accurate. today researchers are releasing a report on the risks of the drinks as the fda drops a bombshell in the past four years 13 deaths have been linked to 5 hour energy drink and 30 people have suffered serious or life-threatening injuries like heart attacks. a few weeks ago the fda said monster energy drinks were linked to five deaths. we don't know what is in the study, a doctor did tell us how these drinks can be dangerous. >> if somebody were to have a predestined heart condition adrenaline with the caffeine may tip them over the edge and cause lethal arrhythmia. >> reporter: energy manufacturers point out there is no proven link between products and the death. 5 hour energy said the product is intended for busy adults and contain as much caffe
of gains. the ppi drop into sensitive percent after declines in energy and auto. david: in the pit of the cme in chicago. telling us why this market rally that actually rallied more than 10%. she sees one coming despite the downside. in the real risk in the market is earnings. a lot of talk about the fiscal cliff, taxes going up. it is getting a little old. you think this market could actually rally before a deal is struck particularly when you see a buying opportunity like today. how much further south doesn't have to go before it is a buying opportunity? >> every time i think we're in a hole, we blow right through it. i think we need congress and the president to stop negotiating. both realize what they are. the president did not get a mandate on the economy. it is like me saying my wife married me for my height and athletic prowess. it is not true. you have a mandate on fixing immigration, putting supreme court justice. congress does not have a mandate either. stop negotiating the press and stop talking, start negotiating, while the market to just digest and trade under normal e
flynn. >> i know. that is the official start of winter for an energy trader. winter really doesn't start until we start taking gas out of storage and that happened. another thank that happened earlier than a lot of people thought it would, not only because the weather has been a little bit colder but also because of the increased demand in the northeast, replacing some of that nuclear power plant demand that was shut down during the storm. so better than expected demand. the first withdraw of the season of the get your coat out. winter's here. melissa: uh-oh. gold prices reflecting slumping third quarter. i don't know, i think gold is going higher here. i think this is opportunity. >> i like the way you thing. george soros and others jumping into gold like crazy. gold was holding in there on increased concerns about the gaza strip. it really seemed to break when the fed's jeff lacker, mr. lacker came out and said if they get a deal on fiscal cliff we'll see 3% growth. i don't know what it was about the headline but as soon as it hit the wire gold broke hard. they're looking at concerns a
-- testily need -- desperately need for clean energy that will protect the planet. host: how does it work as a tax and how is it calculated? guest: day carbon tax is populated on the carbon content of the fossil fuel. coal is going to be taxed the most. natural gas the least an oil somewhere in the middle. renewables would not be taxed at all because they have no carbon in them. anything that is made with fossil fuels is one to become more expensive. that may seem like a negative, it is actually a positive. we need that pricing to bring away from transition t fossil fuel and away from 30 energy. it will make the economy more efficient and the tax -- to bring about the transition away from fossil fuel and away from dirty energy. the talk in washington in the past few weeks has been about a carbon tax of $20 per ton of carbon dioxide. that is hard to translate. it would be maybe half a cent a kilowatts in electricity and 18 cents a gallon more in the price of gasoline. that will bring about $100 million more a year in revenue. you could reform the tax code to make it more fair, more efficie
by the international energy agency comes as new technologies opens up huge oil reserves underground. the iea said u.s. oil output will surpass that of saudi arabia and other countries by 2017. the u.s. has established technology to extract shale oil from hard rock layers thousands of meters below the ground. commercial production has already begun. the agency says the u.s. will be nearly self-sufficient by 2035. that's due to an expected surge in the production of shale gas, a type of natural gas also trapped in underground rock. america currently relies on imports for 20% of energy needs. once the u.s. achieves successful sufficiency in energy, it may start showing less interest in oil producing regions including the middle east. >>> let's check on the markets. the u.s. markets changed little overnight. trading volume was low as other markets as long as the u.s. bonds market was closed for veterans day. and to see how stocks in japan are doing, we go to ramin mellegard at the tokyo stock exchange. how are things kicking off over there? >> good morning to you. yes, indeed. still a bit of hesitation
'll talk to the ceo of shil oig. gasoline prices, energy policy and much more. [ male announcer ] introducing the new dell xps 12. part of a whole new line of tablets from dell. it's changing the conversation. ♪ side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i'i invest in what i know.r. i turned 65 last week. i'm getting married. planning a life.
of united's flights. popular energy drinks are under investigation. federal officials are checking into reports of 13 deaths during the past 4 years that may be linked to 5-hour energy drinks. the manfacturer calls the claims "overblown" and says the beverages have no more caffiene than a cup or two of coffee. pepsi plans to fight fat with fizz. pepsico plans to release a fat-fighting beverage called "pepsi special." the soda, which will be released in japan only, contains dextrin, which helps to slow fat absorbtion in the body. no word yet on when the product will be released. still to come, should you buy on the dips? we'll get some very opinionated trader takes later on. but first, some optimistic views on the housing sector are next with bill moller. w the housing wreck - that's what got us into this mess, and it'll likely be the housing recovery that'll fully and finally get us out of this waning recession. to track the improvement we always look at the numbers. and each month, realtor.com pumps out national and regional housing data. the october figures just went to press, so
that the rise and shine has more energy needs for more energy than they can produce themselves, and to maintain the economic growth which they believe is essential. we observed that the south china sea is a potential source of energy supplies for china and that there is a contention among the nations in that region as to where the ownership and rights of access are to the south china sea. and this is conceivable that china might seek to reestablish its claim there by military coercion and that could lead them into a confrontation with the united states' desire to maintain free access. the best way of avoiding that military conflict is what we should see because the military conflict with china would be catastrophic for both nations, indeed for the whole region. so, we want to avoid that. i believe the best way of avoiding that is by maintaining a -- continuing to maintain a strong naval presence in the region, and by having an unambiguous commitment to doing that. i believe that our new national security strategy is that unambiguous commitment, and i believe that the u.s. navy is capable of mai
points, that is the biggest loss percentage wise of all the indices. in the energy pits, by the way, natural gas, take a look at what happened. contrasting with oil, natural gas getting a big pop almost 5% pop today. lots of news of what this administration might be able to accept, they may not be negative on. awaiting earnings because the wide reach seen as an economic dull weather for the country and certainly tech stocks in particular. no progress, ballooning deficits, that is what european leaders are facing across the pond but also the situation we're facing right here at home. watch out, the u.s. could become the next grease. plus we're going back to the global leadership conference where she is surrounded by all kinds of business leaders. what do you have coming up? >> we were surrounded when richard branson was here. they scattered, they all went to go listen to what is of ccurse one of the most exciting and innovative entrepreneurs on the planet. coming up, another one, this time jimmy wale of wikipedia, the cofounder. you and i haven't spoken to him in the past. boy is he
violence of course. we have great guests on the show, including public citizen energy director and edward isaac dovere. but i guess the real important story is that mc hammer came out and sang [ inaudible ] at the american music festival. >> is that what happened? >> john: yes. >> i can't wait to tell my grandchildren that this one-hit wonder cy went on with mc hammer. >> john: yes, cy came -- >> deep it going dan. ♪ >> john: cy came out and lip sinked. he is playing the studio version, and then mc hammer comes out and [ inaudible ] his third biggest hit -- >> this sounds like a train wreck. >> john: if you listen very very closely to this you can hear the founding fathers weep. and we'll be talking about david petraeus. because there is now a backlash of people saying why should he have to resign? the obvious answer is because he is the biggest spy in america and spies get fired for less. but what do you think? if america needs him running the cia, if he can do for america what he did for afghanistan, why would you want him leaving? >> yeah. >> john: please feel free
is considering shipping some of their u.s. shale gas assets to asia. with the current push for energy independence in the u.s., would that even pass regulatory muster and what impact would that have on the stock price? >> a lot of people are feeling that epa will make it so that the only one that can export from here is cheniere lng. i don't think you'll be able to export. i think the government will stop it. tom in new york? tom? >> caller: boo-yah, jim, from new york. >> good to have you. >> caller: i've been hearing so much about true religion. where do you think they're headed? >> it's happening. you have to be on to the next one. that is for real. i'm looking for the next takeover play. but only one that has good fundamentals. how about charlie in washington state? charlie? [ busy tone ] >> wow, charlie sounds like one of those eagles plays i called in yesterday. yeah, it was my fault. the fiscal cliff is clouding judgment and overshadowing good investment opportunities. we have to keep the pressure on. and then we can go back to saving for our kids and retirement. "mad money" wi
of energy. the popular drink that may now be linked to more than a dozen deaths. >> and check this out. a 20-pound childbirth. a sacramento mom celebrating her record-breaking triplets. ,,,,,,,,,,,,,,,, >>> 'tis the season, tree lighting ceremony celebration right there at pier 39, bring the jacket. the raincoats. showers are likely. >> oh, oh. it's acomin'! the storm door. all right. here's a live look at some of our bridges across the bay area. hey, look at the golden gate, looks like they are doing some lane changes right now opening more lanes in the commute direction. otherwise, no delay across the bay bridge or the san mateo bridge. full look at your "timesaver traffic" coming up in just minutes. >>> 13 deaths may now be associated with a highly caffeinated energy drink five- hour energy. the feds are looking into reports of the deaths over the last four years as well as reports of heart attackser convulsions and miscarriages. the fda says just because a report is filed doesn't necessarily mean the product is the cause of the injury. >> there are people that have high blood pressure or
commute coming up. >>> 5-hour energy may be linked to some serious health issues maybe even death. the feds are looking into 13 deaths over the last four years as well as reports of heart attackser convulsions and miscarriages. but the fda warns just because a report is filed, it doesn't necessarily mean the highly caffeinated drink is the cause. >> people that have high blood pressure or diabetes or anxiety disorders, even cases of depression. it can really mess up the body. >> last month the fda received five reports of deaths after consumers drank another highly caffeinated drink monster energy. >>> the golden state warriors welcoming back an old friend last night. the former coach don nelson was honored last night pre-game for his hall of fame induction in september. it was a big game for warriors rookie harrison barnes. 19 points, 13 rebounds including the put-back dunk in the fourth. stephen curry finished off the hawks playing give-and-go with david lee. that's good. so are the warriors who beat atlanta 92-88. >>> play of the day from the world of international soccer, loo
cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. >>> now for our "what in the world" segment. if history is any guide, second terms are often disrupted by a foreign policy crisis. it's easy to see how that might happen over the next four years with iran or syria, but there's a distinct possibility that the next big foreign policy crisis will take place somewhere else. perhaps thousands of miles away in asian waters
charged three more people over the deep water horizon accident. this from environment and energy news. the justice department charged three workers involved in the deepwater horizon with various criminal violations. dd go down to amarillo, texas, merlin is waiting on the independent line. you're on the "washington journal." caller: i was just wondering how much b.p. has actually made cleaning up the spill? host: not a stat i have for you right now, merlin. i can tell you b.p. was reporting profits in the fourth quarter of 2010 after the spill occurred. profits of about $5.5 billion. the spill occurred in the summer of that year. this according to b.p.'s website. in the third quarter of 2010, b.p.'s profits were about $5 billion. in the fourth quarter of 2011, $7.6 billion in profits. caller: does anybody think that they might have did it on purpose? host: why would you think that, merlin? caller: well, because i heard that the night right before the spill they pulled out their stocks in a lot of, you know, some of the money that they had out there, they pulled out -- host: where are y
priorities. how much political capital energy was spent on health care and other things. the question is, how do you strike that balance and you see that balance changing at the go forward into the next four years? >> let me complicate your question by saying about the balance between short-term and the immediate and long-term things that matter for the strength of the economy. it is important to recognize that as we get to this next stage of this fiscal reform debate, you have to think about this not just about how you bring this deficit down gradually to the point where there sustainable. you have to think about this and the terms of what can you do to improve the long-term growth perspective of the american economy. there are a set of things we have to do in and for structure and education just to name two. that are very important to the growth potential of this country and not very expensive. if we sacrifice those objectives in the interest of getting more fiscal restraint more quickly, we will do a lot of damage. i would encourage people to look at -- we want to look at things that are g
, at of the retailers of course. but monster, another big one we're watching. but energy drinks as a category is linked to adverse events and hospitalizations which is not a good thing when you're in that industry, you're looking at potential. and maybe warning labelis which are not a good thing either. >> the corner of a -- it's a triangle, jim. >> there's no resting place. here's the deal with monster. monster's last conference call, they did this remarkable test versus starbucks, and said they had less caffeine than starbucks, i actually bought a box of them at costco. i had to save them for -- and no, i mean these are really, i think, off the reservation, the five-hours. >> to say they have less caffeine than -- if i were a consumer looking for a caffeine jolt, they're saying that starbucks has more caffeine and is not linked to any adverse events. but starbucks is saying why are you lumping us into the 5-hour. maybe you should have -- at the same time the government is a -- the government doesn't come in and say, you know what? we like some energy drinks and not others. we don't like energy drinks
can burn off the inventory. clean energy fuels had them on last night. why focus on this? they have a clear growth path to build out stations. lloyd blankfein said in his editorial that key thing for growth in our country is energy. abundant energy. i thought we should look at clean energy that would benefit. markwest, this is a company that has a price above where they did secondary. look at the "wall street journal" word on the street. they say that maybe mlps have been oversold. if we're going to drill in this country for more energy, i like to think of halliburton down to 30. some people will say weatherford upgraded by a number of people and then let's not forget chesapeake. they came out this morning in a piece last night said we're more nat gas than i would like to be in ohio. when i spent time in ohio, 80% of what we put out on rigs is nat gas. you need the markwest pipeline to take natural gas to chesapeake to bring it to the east or to give it to clean energy fuels and in order to be able to drill oil, that's halliburton. that's the family of names that i'm focused on. >>
gas leak. a spoix man for citizens energy reported no one called in smelling gas ahead of the explosion. that doesn't rule out a gas leak. no one smelled it at the time. explosion. a bomb has been ruled out and a possibility that a meth lab exploded. that possibility has been ruled out. that cause very much a mystery, jenna. jenna: any warning at all this was about to takes place? >> it happened in an instant. people were going about their business doing what you would do on a saturday night. at at once the explosion happened, turned the neighborhood into a fireball. shook homes as far as three miles away. left behind charred earth, splintered wood, broken glass. 200 people are out of their homes. 31 homes looks like they will be taken right down to the ground. two people killed by the force of this blast, it all happened without warning. it happened in an instant, jenna. jenna: so odd and scary. hopefully we get answers on this. mike, thank you. >> you got it. rick: when we come back a new concern for women who are pregnant who could develop the flu. how it could impac
of credit on is energy conservation. higher cafe standards. >> fuel efficiency. >> fuel efficiency and the other which hopefully, which actually is part of this whole budget discussion although people aren't really focusing on it, do we renew the tax credits for wind and other alternative energy sources? the republicans don't want to renew that at all. they want to renew the tax credits for coal and oil as if the companies aren't profitable enough already. that's the first step even before the keystone. >> absolutely. i think a real untold story agreed that natural gas prices have helped drive coal share down to 34% of generated electricity in america which is huge. it used to be 50. but a huge portion that have is renewables. september, 100% of the new electricity generated in america was renewable. 100%. >> but i mean i think you also have the attention the other way. congressman nadler got to it. you have a lot of people day to day livelihood in plays like west virginia, louisiana. while their environment is being destroyed, if you think about louisiana as a state that is being
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